Perfect setup. The multimonth correction is in my opinion over. Look at this tasty ending diagonal, if it plays out, there is some big pips to be made.
We have a dynamic impulse after the NZ-Unemployment report. It came in very weak.
Market made a false breakout to the downside, and now it broke the golden trendline.
Watch for a potential flag, or corrective pattern toward 1.4700/1.4730 and enter with a stop at 1.4620.
Target something big higher, my first target is the 1.55 area, and then 1.72.
This position has a nice Risk:Reward ratio.
Keep an eye on the fundamental development. Eurozone CPI, and NZ CPI are important drivers.
Please use wise moneymanagement and risk control.
Blessings to you all.
We have a dynamic impulse after the NZ-Unemployment report. It came in very weak.
Market made a false breakout to the downside, and now it broke the golden trendline.
Watch for a potential flag, or corrective pattern toward 1.4700/1.4730 and enter with a stop at 1.4620.
Target something big higher, my first target is the 1.55 area, and then 1.72.
This position has a nice Risk:Reward ratio.
Keep an eye on the fundamental development. Eurozone CPI, and NZ CPI are important drivers.
Please use wise moneymanagement and risk control.
Blessings to you all.
交易進行
交易進行:
Risky trader: Buy now 1.4715 with a 60 pip stop
Conservative trader: buy on the break of the flag with a larger stop.
Conservative trader: buy on the break of the flag with a larger stop.
